BIT:B500 - Euronext Milan - LU1681048127 - ETF - Currency: EUR
Taking everything into account, B500 scores 4 out of 10 in our technical rating. B500 was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
B500 has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
247.36
2 important support areas can be observed.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for B500.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for B500.MI is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | B500.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of B500.MI is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of B500.MI is below the rising SMA(50). |
Relative Strength Index/RSI (14) | 50.65 | NEUTRAL | The RSI value for B500.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2 | POSITIVE | The MACD value suggests B500.MI has a positive trend. |
Stochastics (14,3) | 94.99 | OVERBOUGHT | The high Stochastics value suggests B500.MI may be overbought. |
Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for B500.MI suggests some volalility. |
Average Directional Index/ADX (14) | 19.96 | NEGATIVE | The low ADX value for B500.MI suggests a weak or negative trend. |
BIT:B500 (5/21/2025, 7:00:00 PM)
284.54
-4.43 (-1.53%)